Keyfield announces that its wholly-owned subsidiary, Keyfield Offshore Sdn Bhd had in May accepted two separate letters of award from Hess Exploration and Production Malaysia B.V. for the provision of one unit of AWB and one unit of AHTS for Hess' offshore activities.
The Contracts, which have commenced in July 2024 and June 2024, are for a charter period of 5 months and 6 months respectively. The Contracts are valued at approximately RM40 million in aggregate.
The company will provide one unit of AWB and one unit of AHTS respectively with crew and on-board services to perform the agreed scope of works to meet the Charterer's requirements.
Keyfield says the contracts are expected to contribute positively to the earnings and net assets of Keyfield group for the financial year ending 31 December 202